Chair directs Commerce Department assessment in Memory Chip Competitiveness bill
Summary
The Chair said the Memory Chip Competitiveness Assessment Act would direct the Commerce Department to study supply-chain vulnerabilities and how the U.S. can compete with China in key memory-chip technologies.
The Chair said the Memory Chip Competitiveness Assessment Act directs the Commerce Department to assess where supply chains are vulnerable and to help shape how the U.S. competes in memory-chip technologies. He described this measure as part of the committee's work on competitiveness and supply-chain resilience. "...direct the commerce department to get serious about where our supply chains are vulnerable and how we, out compete China and the technologies that matter most," the Chair said.
The opening remarks did not include specific study parameters, timelines or funding for the assessment; those details were not provided in the transcript. The Chair framed the bill as complementary to other competitiveness measures in the markup.
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